The Globe and Mail reports in its Saturday edition that a judge in Argentina has ruled that Barrick Gold's operations at its Veladero mine would remain suspended, saying repairs were insufficient to reopen it after a leak of processing solution containing cyanide earlier this month. A Reuters dispatch to The Globe quotes a spokesman for the province as saying that Judge Oritja had extended the temporary suspension of operations on Thursday until Barrick completes additional work at Veladero.
Barrick gave no estimate of the costs of the work or suspension.
It will finalize them once the mine is back in operation, said a company spokesman.
Barrick has not said how much processing solution was spilled.
Tests by investigators in October showed the year-earlier spill had not contaminated local water supplies. Barrick closed Friday at $23.23, down 35 cents on the Toronto Stock Exchange.
© 2024 Canjex Publishing Ltd. All rights reserved.